Merit Financial Group LLC Acquires 13,129 Shares of Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR)

Merit Financial Group LLC raised its holdings in Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) by 13.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 113,534 shares of the company’s stock after buying an additional 13,129 shares during the quarter. Merit Financial Group LLC’s holdings in Aberdeen Standard Physical Silver Shares ETF were worth $3,130,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SIVR. Assetmark Inc. purchased a new stake in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter valued at $27,000. Brown Financial Advisors purchased a new stake in shares of Aberdeen Standard Physical Silver Shares ETF in the second quarter valued at about $27,000. Mattson Financial Services LLC bought a new position in shares of Aberdeen Standard Physical Silver Shares ETF during the second quarter valued at about $128,000. Farther Finance Advisors LLC boosted its holdings in Aberdeen Standard Physical Silver Shares ETF by 100.0% during the third quarter. Farther Finance Advisors LLC now owns 6,988 shares of the company’s stock worth $208,000 after purchasing an additional 3,494 shares during the last quarter. Finally, Thrivent Financial for Lutherans bought a new stake in Aberdeen Standard Physical Silver Shares ETF in the 3rd quarter worth about $214,000.

Aberdeen Standard Physical Silver Shares ETF Price Performance

Aberdeen Standard Physical Silver Shares ETF stock opened at $28.94 on Monday. The company’s 50 day moving average price is $28.96 and its two-hundred day moving average price is $28.99. Aberdeen Standard Physical Silver Shares ETF has a 52 week low of $21.00 and a 52 week high of $33.31.

Aberdeen Standard Physical Silver Shares ETF Company Profile

ETFS Silver Trust (the Trust) is formed to own silver transferred to the Trust in exchange for shares issued by the Trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of silver bullion, less the expenses of the Trust’s operations. ETFS Physical Silver Shares (the Shares) are issued by ETFS Silver Trust.